#inflation

I might say that when the settlement was made the Nixon administration issued what they called a second inflation alert in which the General Motors settlement was branded as being inflationary and bad for the country. ↗

— Leonard Woodcock

#alert #bad #being #branded #called

It has now been over 7 years since Congress last raised the minimum wage to its current level of $5.15 per hour. Since that last increase, Congress's failure to adjust the wage for inflation has reduced the purchasing power of the minimum wage to record low levels. ↗

— Jon Corzine

#been #congress #current #failure #hour

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten. ↗

— Arthur Laffer

#apples #base #bumper #cannot #colonial

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation. ↗

— Arthur Laffer

#classic #economy #fewer #goods #inflation

Venezuelans are tired of 14 years of promises and no results. The only things growing are inflation, murder and crime. The good indicators - production, education and jobs - are all falling. ↗

— Henrique Capriles Radonski

#education #falling #good #growing #indicators

Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation. ↗

— Robert Reich

#comprise #haven #inflation #median #percent

But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation. ↗

— John W. Snow

#capacity #certainly #clearly #continually #doing

We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage. ↗

— John W. Snow

#eye #far #global #inflation #keep

Well, I think the global economy is in the position for continuing good growth with inflation well in check. ↗

— John W. Snow

#continuing #economy #global #global economy #good

What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that there's inflation and growth. It can go higher and lower and to have four different portfolios essentially that make up your entire portfolio that gets you balanced. ↗

— Ray Dalio

#balanced #different #encourage #entire #essentially